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$750,000 Just Listed

  • For Sale
  • Active
  • Retail
  • 12,200 Sq. Ft.
  • Updated 5 days ago
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Own a piece of Lake Mills history! This historic, mixed-use property once housed the Lake Mills Shoe Company, a key local industry that helped shape the community during the early 20th century. In 1918, Watertown industrialist Edward C. Wolfram explored opening a shoe factory in Lake Mills. The Lake Mills Businessmen?s Association renewed the effort in 1919, leading Wolfram to establish operations in the former Hotel Central building on South Main Street. The factory specialized in infants? shoes and became part of Wolfram?s regional manufacturing network, alongside plants in Watertown, Madison and Waterloo. Today the property offers 4 commercial rental spaces and 7 residential units, creating an investment opportunity with diversified income potential. More than simply a building, it reflects an era when local enterprise, skilled workers and civic leadership fueled Lake Mills? growth. Preserve an authentic landmark while writing its next chapter in the heart of this vibrant community.

Full Property Details for 100 N Water St

General

  • Price: $750,000
  • Taxes: $8,373 (2025)
  • Status: Active
  • Type: Retail
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2031690
  • Updated: 8/31/2026
  • Added to Site: 5 day(s) ago

Interior

  • Appliances: Window Air Conditioning

Additional Information

  • Other Features: High Speed Internet, Restroom(s), Public Restrooms, Private Restrooms, Residential Unit(s)

Parking

  • Parking Features: 21 to 35 Spaces, On-Site Parking, Paved Lot

Location

  • Municipality: Lake Mills
  • County: Jefferson
  • Driving Directions: MAIN ST SOUTH TO WATER ST, PROPERTY ON THE CORNER OF MAIN/WATER

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air, Radiant

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer

Structural Information

  • Basement Desc.: Full, Block
  • Roof: Flat, Rubber/Membrane
  • Square Feet: 12,200
  • Square Feet Range: 5001 or More
  • Sq. Ft. Source: Owner
  • Year Built: 1909

Unit Information

  • Units in Building: 11

Lot Features

  • Zoning: COMMERCIAL

Financial Considerations

  • Tax Amount: $8,373
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Seller and tenant personal property, business inventories, and or tenant furnishings
  • Inclusions: All fixtures furniture and furnishings currently in the common space hallways and or installed in building for their intended use.

Listed by NextHome Midwest

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— 100 N Water St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 100 N Water St

School District:Lake Mills Area School District
NameGradesDistance
Lake Mills Middle School
318 College Street, Lake Mills, WI 53551
5-80.3 mi
Lake Mills Elementary School
155 East Pine Street, Lake Mills, WI 53551
PK-40.6 mi
Lake Mills High School
615 Catlin Drive, Lake Mills, WI 53551
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 100 N Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/31/2026
Listed
$750,000
87.5%
MLS
7/31/2006
Sold
$400,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 100 N Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,154
3%
$551,100
35%
2024
$8,882
-2%
$407,200
—
2023
$9,087
5%
$407,200
—
2022
$8,671
2%
$407,200
—
2021
$8,502
4%
$407,200
—
2020
$8,166
-2%
$407,200
—
2019
$8,315
-5%
$407,200
6%
2018
$8,762
1%
$384,100
—
2017
$8,658
-1%
$384,100
—
2016
$8,769
3%
$384,100
—
2015
$8,506
—
$384,100
—
2014
$8,540
45%
$384,100
48%
2013
$5,871
—
$258,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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100 N Water Street, Lake Mills, WI 53551 (MLS# 2031690) is a Retail property. 100 N Water Street is currently listed for $750,000 and was received on August 31, 2026. Want to learn more about 100 N Water Street? Do you have questions about finding other Retail real estate for sale in Lake Mills? You can browse all Lake Mills real estate or contact a Coldwell Banker agent to request more information.

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